Hi paul, that's a good question. I spent 5 years teaching in Europe, and decided to turn the thing on it's head and teach French and Spanish here in the UK. The barriers to entry here are incredible... but I've started a 3-yr Modern Languages BA course at uni, even though I'm already fluentish, then I've got to do a PGCE after I graduate. Wot a pain, but I suppose it will be worth it, security and a nice pension, which TEFL never offered, and I am learning some interesting things, particularly phonetics. It's a long haul, though.
Paul